The document discusses opportunities for investment in Bangladesh's textile industry. It notes that Bangladesh has experienced tremendous industrial growth and has the lowest cost manpower globally. The ready-made garments industry in particular has seen strong growth, contributing significantly to GDP and employment. Bangladesh is now one of the largest exporters of textiles and clothing, especially to markets like the US and EU where it has duty-free access. Key advantages for investment include competitive labor costs, duty exemptions in export processing zones, and access to raw materials and international markets. The government also offers investment protections and incentives to attract foreign direct investment into the growing industry.
Masco Group, one of the leading knit composite conglomerates in Bangladesh, experienced its inception in 2001. It is presently an integration of several business units of knitting, dyeing, garments, printing, embroidery and washing.
1950 was the beginning of RMG in the Western world. In order to control the level of imported RMG products from developing countries into developed countries, the Multi Fibre Agreement (MFA) was made in 1974. In the early 1980s Bangladesh started receiving investment in the RMG sector,then there was about 50 factories.At present more than 4000 garment factory available in Bangladesh.
RMG industry in Bangladesh has always been the country's backbone. Being the 3rd largest apparel exporter in the world after China and Vietnam, the South Asian apparel manufacturing powerhouse is showing good signs in its global apparel exports. Team Apparel Resources has prepared a presentation to let the readers everything know about Bangladesh's RMG industry.
Masco Group, one of the leading knit composite conglomerates in Bangladesh, experienced its inception in 2001. It is presently an integration of several business units of knitting, dyeing, garments, printing, embroidery and washing.
1950 was the beginning of RMG in the Western world. In order to control the level of imported RMG products from developing countries into developed countries, the Multi Fibre Agreement (MFA) was made in 1974. In the early 1980s Bangladesh started receiving investment in the RMG sector,then there was about 50 factories.At present more than 4000 garment factory available in Bangladesh.
RMG industry in Bangladesh has always been the country's backbone. Being the 3rd largest apparel exporter in the world after China and Vietnam, the South Asian apparel manufacturing powerhouse is showing good signs in its global apparel exports. Team Apparel Resources has prepared a presentation to let the readers everything know about Bangladesh's RMG industry.
Problem and prospects of garments industry in bangladeshkhan shamim
Problem and prospects of garments industry in Bangladesh.
Introduction,Data collection,Scope of the Study,Limitations of the study,Finding,Company profile,Millenium Garments Limited,Problems Regarding,Bangladesh Faces the Challenge of Globalization,Recommendation,Conclusion.
The readymade garments industry acts as the backbone of our economy and as a catalyst for the development of our country. We take pride in the sector that has been fetching billions of dollars as export earnings and creating jobs for millions of people in the country.
The “Made in Bangladesh” tag has also brought glory for Bangladesh, making it a prestigious brand across the globe. Bangladesh, which was once termed by cynics a “bottomless basket” has now become a “basket full of wonders.” The country with its limited resources has been maintaining 6% annual average GDP growth rate and has brought about remarkable social and human development.
The term import is derived from the conceptual meaning as to bring in the goods and services into the port of a country. The buyer of such goods and services is referred to an "importer" who is based in the country of import where the overseas based seller is referred to as an "exporter". Thus an import is any good(e.g. a commodity) or service brought in from one country to another country in a legitimate fashion, typically for use in trade. It is a good that is brought in from another country for sale. Imported goods or services are provided to domestic consumers by foreign producers. An import in the receiving country is an export to the sending country.
International Business Management-Final Project-Nishat LinenYamna Rashid
A complete analysis of foreign direct investment of Nishat Linen Pakistan in Dubai. Contains possible investment opportunities as well as the strategies needed to enter Dubai and make sales. A complete research has been conducted by interviewing important personnel. Can be used by anyone trying to gouge foreign direct investment of any company anywhere in the world.
Abolition of quota - A Zero Sum Game for the South Asia Textile Industry ?Sodhan Manandhar
Abolition of quota - A Zero Sum Game for the South Asia Textile Industry ?
We all know the rise and fall of the garment industry in South Asia.
This is a presentation regarding a case of the situation Before and After Quota was introduced.
Presentation on "The rise of Bangladesh's textile trade"
by
Mohammed Wasiful Alam Fahim
Graduated from School of Business,Chittagong Independent University.
Email : fahimbd329@gmail.com
Linkedin : https://www.linkedin.com/in/md-wasiful-alam-fahim-709a84167/
Putting the SPARK into Virtual Training.pptxCynthia Clay
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It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
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Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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Discover the innovative and creative projects that highlight my journey throu...dylandmeas
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RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
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Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
6. Objectives
To promote trade in textile and apparels
To expand market access
To establish a market information system
To promote the development of policies
supportive to trade
To provide an institutional framework for the
development of textile industry
To enhance private sector involvement in
regional policy formulation and implementation
7.
8. Ready Made Garments
Industry
•Growth oriented.
•Largest exporting industry.
•Contribution towards GDP.
•Employment generation.
•Social development.
9. New Markets
•The RMG started exporting to new market.
•Growth opportunity.
•WTO listed Bangladesh as 5th clothing exporter.
10. Uniqueness
•Highest RMG exporting country.
•Competitive pricing is the unique revenue strategy.
•Competitive advantage on cost of labor.
•EPZ manufacturing and lower cost of energy.
11. • back-end bottlenecks
• supply of gas for electricity generation
• welfare schemes and participatory decision
• technology and skill upgrading
• EU GSP rules
• Governsment policies for Foreign Investments
GOVERNMENT
13. BANGLADESH CORPORATE TAX POLICIES
Standard rate of corporate tax in Bangladesh is
27.5%
Publicly Traded Company 27.5%
Non-publicly Traded Company 37.5%
10% rebate on tax
14. Technological
National science and technology policy
It gives direction to Science and technology
The National Council for Science and Technology
(NCST)
15. Export policy
The sector share of RMG export
In 1980 EPZ was established
76% of country’s export earning from textile and
apparel.
export worth nearly $5billion p.a.
6th largest apparel supplier to US and EU
countries.
Year Approx %
1995 17
2003 40
16. Human Resources
45% of all industrial employment
Contribute 5% to the total national income
4 million people are employed mostly women
17. Geography
Textile and apparel firms in Bangladesh are mostly
concentrated around the capital city of Dhaka
18. Why in Dhaka Region ?
•International Communication available
• Easy for buyers to visit, inspect etc.
•Trained technical manpower easily available
• All financial institutions H.Q in Dhaka
•Five to six hours travel time to Chittagong by road
•Utilities such as gas, electricity, water availability better
19. The Stand Out Factors
• The world's second biggest exporter of clothing
• Excellent transportation
• Availability of raw materials
• Adequate sources of energy
• EPZ- primary objective, 8 EPZ’s, benefits and BEPZA
• Market coverage's – duty free access to Canada,
Norway, Japan, New Zealand and Australia
• Cheapest labour force
20. 8.Duty Free Access to US
9. Investment Guarantee : Foreign Private
Investment (Promotion and Projection) Act 1980 ,
OPIC"s (Overseas Private Investment
Corporation, USA) , Multi-national Investment
Guarantee Agency (MIGA)
10. The International Centre for Settlement of
Investment Disputes (ICSID)
11. FDI- in 2011, FDI was $1136.38m.. 13.75%
up in 2012
12. Bank interest@ 7% for financing exports